Richard McKim “Kim” Preston ’69, ’76L used the IRA charitable rollover provision to make a tax-free gift to W&L.
IRA Charitable Rollover
The Clapp brothers fund a scholarship in memory of their parents.
The scholarship honors his "father and mother who made a real sacrifice so that I might be able to go to W&L."
Roy Matthews's shaky start at W&L did not hint at his future career as a successful university professor. During a recent telephone conversation from his home in Washington, D.C. he described his journey from struggling during his first term at W&L to being a history scholar and author. He also talked about his decision to support the W&L History Department, where his journey began, through his IRA.
When Lou Hodges died in February, the W&L community mourned for an educator and proponent of social justice whose impact on the campus still looms large. But now the community can celebrate because Lou's name is permanently memorialized at the school he served for 43 years.
In Case You Missed It
Dr. Robert (Bob) L. Holt '67 adeptly leveraged the IRA Charitable Rollover provision to establish an endowment on the occasion of his Class of 1967 50th Reunion that also honors two admired W&L mentors, the late Chemistry Professor Keith Shillington and History Professor and friend Ted DeLaney.